Bitcoin continues its very bullish trend , but XRP hit $0.4 for a brief moment on some exchanges this week, and that level could not be sustained for the long term. Over the past days, the XRP price has lost 1% in USD value and 3.2% in Bitcoin value. Both trends are somewhat worrying for those who have a very short attention span, although everyone else will agree this is what the market needs right now. Current price is still good, especially when considering the value of $0.23 which was not some time ago. a Bull-trap?

https://imgur.com/a/hn18IX2

XRP, the second largest crypto is down more than one percent today at $0.354 and near low point of the day.
Falling prices coupled with falling RSI , rising bollinger bands range and falling MACD , all signal that the trend has turned down. First major support in this down move is at $0.329 where 21 days SMA is placed and then lower towards lower end of the bollinger bands , $0.267 on the daily.



Disclaimer: This is only for educational purposes.

Any thoughts guys?

Happy Holidays everyone!